101Investing is an online CFD broker that offers access to over 250 CFD assets such as stocks, indexed markets, currency pairs, commodities, metals, and cryptocurrencies on its platform.
The company behind the CFD broker is FXBFI Broker Financial Invest Ltd., which is regulated and licensed by Cyprus-based CySEC.
The minimum deposit of 250$ or other equivalent currency creates an accessible CFD trading environment compared to other brokers. 101Investing also offers a demo account, which can be used to test the platform’s features. The broker offers interested traders a wide range of educational sources.
It is possible to trade more than 250 assets in CFDs such as stocks, indices, commodities, metals, forex and cryptocurrencies. In total, they are divided into:
- +100 CFD shares
For CFD share trading, 101Investing offers registered clients access to more than 100 known shares. These include both large and emerging companies, from which you can keep track of the stock market and react accordingly. - +20 CFDs on indices
At 101Investing there are +20 indices on CFDs available, with which clients can speculate on the fluctuation of their prices of the most traded underlying indices such as DAX, Dow Jones, NASDAQ 100, Nikkei 225 or FTSE 100. - +17 CFDs on Commodities and Metals
Commodity CFD trading is one of the oldest financial activities in the world and continues to enjoy great popularity over the years. Trading CFDs with 101Investing offers traders the opportunity to potentially supplement their portfolios with CFDs on commodities such as gold (XAUUSD), silver (XAGUSD), natural gas, coffee, sugar, wheat or crude oil. - +50 Forex CFDs
The forex market is known for daily transactions valued at several billion dollars, high liquidity, and trading five days a week (24 hours a day). At 101Investing, more than 50 currency pairs can be traded using CFDs, with flexible spreads. - +30 CFDs on cryptocurrencies
The range of CFDs on cryptocurrencies at 101Investing is particularly wide. Besides Bitcoin (BTCEUR), (BTCGBP), (BTCUSD), there are more than 30 popular cryptocurrencies available for CFD trading. Including CFDs on Dash (DSHEUR), Ethereum (ETHGBP), (ETHUSD), (ETHEUR), Litecoin, Ripple and many more.
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You need to consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Account types at 101Investing
There are three different account types to choose from at 101Investing: silver, gold, and platinum. In addition, there is an account for professional traders (Pro account) and an account for traders who are subject to Sharia law (Islamic trading account).
Each account has its own characteristics, but also its limitations. Above all, the leverage, which depends on the respective account type, the client category you are in and the CFD asset class. .
There are also differences in swap, spreads. For example, for the Silver account there is no swap discount, with the Gold account, traders have access to a 25% swap discount and for the platinum accounts the margins are 50%.
On the Pro account, professional traders have access to first-class trading conditions, flexible leverage, and other enhanced trading conditions.
Anyone interested in the 101Investing Pro account must meet one of the following three criteria:
- Proof of the size of the financial portfolio greater than 500,000 euros.
- Proof that you work or have worked in the financial sector
- Evidence of transactions of significant size in the relevant markets with an average frequency of 10 per quarter during the last four quarters.
Interested parties can use an online “request a callback” form to learn about the other features of the Pro account.
Flexible spreads, no commissions
At 101Investing , the client is charged no commission or deposit fee. However, other fees apply, including spreads and swaps. The spread is the difference between the bid (sell) price and the bid (buy) price. This difference reflects the cost of opening the position and is expressed in pips, this may vary, depending on the selected trading account (silver account from 0.07 pips).
Also, the broker charges an inactivity fee. Dormant and Dormant accounts, commercial accounts without commercial activity (opening of trade or deposit) for a consecutive period of 60 days are classified as such. The inactivity fee is 160 euros retroactive for the entire period of inactivity.
This rate applies if the client:
- It is inactive for more than 91 days. The inactivity fee is 120 euros.
- It is inactive for more than 181 days. The inactivity fee is 200 euros.
- It is inactive for more than 271 days. The inactivity fee is 500 euros.
Also, the CFD broker charges a rollover fee if a position is held overnight. The fee is deducted from the value of the position.
101Investing also reserves the right to charge a flat fee of 50 euros for a withdrawal, if the amount is negligible (only a position placed in the trading account or no trading activity). The customer is informed about this in advance.
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You need to consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Adherence to regulation
101Investing is operated by FXBFI Broker Financial Invest Ltd. The company is regulated by the Cyprus Securities and Exchange Commission, license number 315/16. The Cyprus-based company offers investments and ancillary services to 4 registered clients in the European Union, the European Economic Area and Switzerland. 101Investing is very transparent about its license, product offering to clients, and policies and a lot of information can be found on its website.
In addition to the above, the company is also a member of the ICF (Investor Compensation Fund) for clients of Cypriot Investment Firms (CIF).
The ICF is tasked with compensating the client for potential claims that arise if an ICF member fails to fulfill its obligations to the client, regardless of whether this obligation arises from the client’s contract, the law, or a member’s misconduct.
The investment test report shows that the CFD broker is a trustworthy and reputable CFD provider.
Platforms
101Investing uses popular software solutions and provides the popular MetaTrader 4 in addition to WebTrader. However, users do not have to give up innovative solutions for market analysis, because the broker provides numerous supports and analysis tools.
The MT4 is equipped with numerous functions that are necessary for smooth trading regardless of the time of day.
The platform provides users with fast, functional and transparent access to the CFD markets.
The desktop solution allows traders to access the CFD markets from their web browsers with just a few clicks; Such accessibility can be the foundation for a positive business experience. Clients can download MT4 for free.
Whereas MT4 WebTrader offered by 101Investing , for CFD trading, allows traders to potentially diversify their portfolio via web browser without downloading additional applications.
The practical aspect of WebTrader is that the software does not have to be downloaded, but rather runs through a browser without presets such as downloads or installations. The range of functions and features is similar to the desktop version.
A mobile application is also offered, available free of charge for Android and iOS devices, and is designed to allow fast and smooth operations. The mobile application provides users with full access to a variety of functions offered by the web platform.
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You need to consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Is 101investing Scam or Legit?
We have closely read all their legal documents and our verdict is that 101investing is legal 100%.
101investing Opinions
After having checked the website, read carefully their project and the online opinions we can state that this broker is a fully regulated and legal broker.
If you read through the internet you will find plenty of different opinions regarding this broker. Some point out their strengths (most probably those who have won tons of money with them) while others accuse them of scam (most probably those who have lost their money). As always, most of times, this isn’t the broker’s issue. You have to take care of your investments, do your own research and homework and therefore know in what kind of assets you should invest your money.
